Erikson Institute

www.erikson.edu

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2019 Student Loan

1.14%

Default Rate

2021 Enrolled Students

399

13% Full-Time

About

Erikson Institute is a higher education institution located in Cook County, IL. In 2021, the most popular Masters Degree concentrations at Erikson Institute were Early Childhood Education & Teaching (69 degrees awarded), Social Work (39 degrees), and Child Development (35 degrees).

In 2021, 155 degrees were awarded across all undergraduate and graduate programs at Erikson Institute. 97.4% of these degrees were awarded to women, and 2.58% awarded men. The most common race/ethnicity group of degree recipients was white (94 degrees), 3.03 times more than then the next closest race/ethnicity group, black or african american (31 degrees).

Special Focus Four-Year: Other Special Focus Institutions Special Focus Institutions

Costs

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

1.14%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Erikson Institute was 1.14%, which represents 1 out of the 88 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Erikson Institute had a total enrollment of 399 students in 2021. The full-time enrollment at Erikson Institute is 52 students and the part-time enrollment is 347. This means that 13% of students enrolled at Erikson Institute are enrolled full-time.

The enrolled student population at Erikson Institute, both undergraduate and graduate, is 52.6% White, 19.5% Black or African American, 17.5% Hispanic or Latino, 3.51% Asian, 1% Two or More Races, and 0.501% American Indian or Alaska Native.

Students enrolled in full-time Graduate programs are most commonly White Female (50%), followed by Hispanic or Latino Female (21.2%) and Black or African American Female (11.5%).

Full-Time vs Part-Time Enrollment

13%

Full-Time Enrollment

The total enrollment at Erikson Institute in 2021, both undergraduate and graduate, is 399 students. The full-time enrollment at Erikson Institute is 52 and the part-time enrollment is 347. This means that 13% of students enrolled at Erikson Institute are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Erikson Institute (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
210 enrolled students
Black or African American
78 enrolled students
Hispanic or Latino
70 enrolled students

The enrolled student population at Erikson Institute is 52.6% White, 19.5% Black or African American, 17.5% Hispanic or Latino, 3.51% Asian, 1% Two or More Races, and 0.501% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 8 students (2.01%) did not report their race.

Graduates

In 2021, 147 more women than men received degrees from Erikson Institute. The most common race/ethnicity group of degree recipients at Erikson Institute is white (94 degrees awarded). There were 3.03 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

The most common Masters Degree concentration at Erikson Institute is Early Childhood Education & Teaching (69 degrees awarded), followed by Social Work (39 degrees) and Child Development (35 degrees).

In 2021, the most specialized majors across all degree types at Erikson Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Human Sciences (46 degrees awarded), Public Administration and Social Service (39 degrees), and EDUCATION. (70 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Erikson Institute are Elementary & middle school teachers (1,617,864 people), Secondary school teachers (395,873 people), Education administrators (251,752 people), Special education teachers (172,304 people), and Social workers, all other (171,935 people).

The most specialized majors at Erikson Institute in 2021 are Human Sciences (46 degrees awarded), Public Administration and Social Service (39 degrees), and EDUCATION. (70 degrees) (as of 2021).

Highest Paying Jobs by Major

Aircraft pilots & flight engineers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Erikson Institute are Aircraft pilots & flight engineers, Surgeons, Securities, commodities, & financial services sales agents, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Erikson Institute are Human Sciences (46 degrees awarded), Public Administration and Social Service (39 degrees), and EDUCATION. (70 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Erikson Institute are Elementary & secondary schools (2,717,280 people), Colleges, universities & professional schools, including junior colleges (219,723 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (153,874 people), Individual & family services (148,180 people), and Child day care services (119,180 people).

The most specialized majors at Erikson Institute are Human Sciences (46 degrees awarded), Public Administration and Social Service (39 degrees), and EDUCATION. (70 degrees) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Erikson Institute.

Most Common (2021)

Early Childhood Education & Teaching
69 degrees awarded
Social Work
39 degrees awarded
Child Development
35 degrees awarded

In 2021, the most common masters degree concentration at Erikson Institute was Early Childhood Education & Teaching with 69 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Erikson Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

151

Degrees Awarded to Women

in 2021

In 2021, 4 degrees were awarded to men at Erikson Institute, which is 0.0265 times less than the number of degrees awarded to females (151).

This chart displays the sex disparity between the top 5 majors at Erikson Institute by degrees awarded.

Most Common Male Majors

In 2021, 3 degrees were awarded to men at Erikson Institute in Child Development, which is 0.0698 times less than the 43 female recipients with that same degree.

Most Common Female Majors

In 2021, 70 degrees were awarded to women at Erikson Institute in Early Childhood Education & Teaching. There were no male recipients with the same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
94 degrees awarded
Black or African American
31 degrees awarded
Hispanic or Latino
18 degrees awarded

The most common race/ethnicity at Erikson Institute is white (94 degrees awarded). There were 3.03 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

0.645% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
91 degrees awarded
Black or African American Female
30 degrees awarded
Hispanic or Latino Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Erikson Institute is white female (91 degrees awarded). There were 3.03 times more white female recipients than the next closest race/ethnicity group, black or african american female (30 degrees).

Operations

Erikson Institute has an endowment valued at nearly $56.6M, as of the end of the 2021 fiscal year. The return on its endowment was of 16.9M (29.9%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Erikson Institute had a total salary expenditure of 23.4M. Erikson Institute employs 7 Instructors, 7 Associate professors and 4 Professors. Most academics at Erikson Institute are Female Instructor (7), Female Associate professor (6), and Female Professor (4).

The most common positions for non-instructional staff at Erikson Institute are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 64 employees, Office and Administrative Support, with 29 employees, and Management with 24 employees.

Endowment

$56.6M

2021 Endowment

36.8%

growth from 2020

Erikson Institute has an endowment valued at about $56.6M, as of the end of the 2021 fiscal year. The endowment of Erikson Institute grew 36.8% from the previous year. The value of their endowment was $44M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Erikson Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Other Special Focus Institutions Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$4.16M - Federal
$3.13M - State
$1.11M - Local

As of 2021, Erikson Institute received $4.16M in grants and contracts from the federal government, $3.13M from state grants and contracts, and $1.11M from local grants and contracts.

Salary Expenditure

$13.5M

2021 Salaries

2.52%

decline from 2020

In 2021, Erikson Institute paid a median of $13.5M in salaries, which represents 57.7% of their overall expenditure ($23.4M) and a 2.52% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$1.88M

Instructional Salaries

Number of Employees

In 2021, Erikson Institute paid a total of $1.88M to 21 employees working as instructors, which represents 13.9% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Instructor

Most Common Instructor

7 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

64 Employees

In 2021, the most common positions for instructional staff at Erikson Institute were Instructor with 7 employees, Associate professor with 7 employees, and Professor with 4 employees.

In 2021, the most common positions for non-instructional staff at Erikson Institute were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 64 employees, Office and Administrative Support with 29 employees, and Management with 24 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Female Associate professor
Female Professor

In 2021, the most common demographic for instructional staff at Erikson Institute was Female Instructor with 7 employees, Female Associate professor with 6 employees, and Female Professor with 4 employees.

This chart shows the sex split between each academic rank present at Erikson Institute.